£5K Deposit Mortgage for First Time Buyers
04.04.24

Have you heard the news?!
Your first step onto the property ladder could be a lot closer than you think… 👀
Introducing the £5k Deposit Mortgage, exclusively available to first time buyers🙌
What are the benefits?
☑️ Minimum deposit of £5,000
☑️ Reduces time needed to accrue deposit for first time buyers
☑️ Makes the housing marketing more accessible for first time buyers
What’s the entry criteria?
👉At least one applicant must be a first time buyer (defined as never having owned a property in the past) and no background properties on the application
👉Property must be a house only, no flats and new build properties
👉Available for house purchases ranging from £100K up to £500K
👉The maximum age allowable at the end of the term is 70
👉Any applicant must have indefinite right to reside in the UK
⚠️Your Home (or property) may be repossessed if you do not keep up repayments on your mortgage or any other debts secured on it.
⚠️There may be a fee for mortgage advice. The precise amount will depend upon your circumstances.